Dedeman’s Paval Brothers One Signature Away from Paying EUR100M for The Office in Cluj
03.26.2019
Dedeman has reached an agreement with property investment company NEPI-Rockcastle and businessman Ovidiu Sandor to buy The Office building in Cluj-Napoca in the largest deal outside Bucharest, market sources say.
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Canada’s Molson Coors Group, Bergenbier Owner, Leases 6,000 Sqm Within The Bridge Office Space Project 03.26.2019
Molson Coors Global Business Services (GBS), the services center of Canadian group Molson Coors which owns brewer Bergenbier in Romania, has leased... more
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Builder Octagon Files for Insolvency 03.26.2019
Construction company Octagon Contracting&Engineering, one of the most active players on the local market, owned by Alexandros Ignatiadis and... more
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JLL: Office Space Market Outside Bucharest Keeps Growing 03.21.2019
The increasing interest in multifunctional real estate projects in Romania, as well as the development of the office space market outside capital... more
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CBRE: Land Transactions in Romania Reached 140 Ha in 2018 03.19.2019
Land transactions for office, retail, residential and industrial spaces amounted to approximately 140 hectares in 2018, according to a report by... more
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Sinziana Pardhan, P3 Romania: Romania Becomes Increasingly Attractive To Investors 03.19.2019
Sinziana Pardhan, Country Head, P3 Romania, one of the leading developers of logistics and industrial space, said Tuesday she is optimistic about... more
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3 Sqm of Mall Space for Each Person in Bucharest 03.18.2019
The ten largest shopping centers in Bucharest have a surface area of almost 600,000 square meters and about 1,500 stores, ZF has calculated from... more
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C&W Echinox Expands Portfolio; Takes Over Administration Of One Victoriei Center Office Building 03.14.2019
Real estate consulting firm C&W Echinox has taken over the administration of Bucharest-based office building One Victoriei Center, being tasked... more
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New Real Estate Development Hub Taking Shape in Southern Bucharest 03.14.2019
A future office, retail and residential space project no more than three stories tall could be developed in Bucharest on Calea Vacaresti, between... more
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RE/MAX 2018 Turnover Up Nearly 50% To EUR3M, Eyes 40% Growth In 2019 03.13.2019
Real estate agency franchise RE/MAX Romania brokered more than 2,500 transactions in 2018, in the amount of EUR155 million, which brought fees of... more
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CBRE: Logistics And Industrial Space Segment Expected To See Biggest Growth In Recent Times 03.12.2019
The modern stock of logistics and industrial space reached 3.8 million square meters countrywide, at the end of 2018, of which 81% is located in... more
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C&W Echinox: Asian Investors Start Eyeing Romanian Property Market 03.12.2019
The Romanian property market has begun to attract the attention of major Asian investors, as groups from China and South Korea are looking into... more
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Globalworth Office Portfolio Reaches EUR1.2B in Romania 03.11.2019
Real estate developer Globalworth's office portfolio value grew 35.6% in 2018, to EUR2.5 billion, of which 51%, EUR1.27 billion in Romania and the... more
Private healthcare network Regina Maria has been put up for sale by its owner, Polish buyout investor Mid Europa Partners. The deal
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Romania's government will lower the tax on banks' financial assets and decouple it from money market rates, according to a draft
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Romania's government will postpone until May 31 the enforcing of new share capital requirements for administrators of mandatory private
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Nuclear power company Nuclearelectrica (SNN.RO) on Tuesday concluded a framework agreement with General Electric Global Services GMBH /
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Low-cost airline Blue Air has signed a new bilateral interline agreement with state-run airline TAROM.
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The number of tourists in Romania grew 6.7% in 2018 and the turnover generated by the hotel industry is estimated at EUR1.2 billion,
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Financial analysts’ confidence in Romania’s economy perked up in February compared with January but is still below the level
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Molson Coors Global Business Services (GBS), the services center of Canadian group Molson Coors which owns brewer Bergenbier in
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Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.
